Top Funds Favor Personal Care, Discretionary Stocks
Stocks tumbled from their perch in mid-May and much of June as the market fell into a correction on June 12. After seven straight months of gains, the Nasdaq and S&P 500 were off just 1.5% in June. This year through June, they're up 12.7% and 12.6%, respectively. Managers of leading funds the past three months continued to ease into discretionary stocks, including Krispy Kreme Doughnuts (KKD) and the restaurant firm Chuy's Holdings (CHUY), in
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